How much do homeowners pay a month in Bangor Township, MI?
Homeowners with a mortgage in Bangor Township, MI pay a median of $1,409 (±$145) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $615 (±$84).
54.3% of owned homes carry a mortgage.
In Bangor Township, the median monthly cost with a mortgage went from $1,281 in 2015–2019 to $1,409 in 2020–2024 (+10.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,409 (±$145)
- Without a mortgage
- $615 (±$84)
- Owned with a mortgage
- 54.3%
Monthly owner costs in Bangor Township
| Bangor Township | Van Buren County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,409 (±$145) | $1,404 (±$33) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $615 (±$84) | $570 (±$15) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 54.3% (±8.2 points) | 58.6% (±1.8 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,840 (±$229) | $2,536 (±$58) | $2,904 (±$9) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Bangor Township, the median cost with a mortgage is not measurably different from Van Buren County ($1,404).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Van Buren County, Bangor Township ranks 9 of 22 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 703 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Bangor Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,281 (±$124) | $1,409 (±$145) | +10.0% | No measurable change after inflation |
| Median real estate taxes | $1,834 (±$162) | $1,840 (±$229) | +0.3% | Down after inflation |
| Median home value | $124,600 (±$29,774) | $168,100 (±$13,379) | +34.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Bangor Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Bangor Township | — | $1,409 (±$145) | — |
| Bangor | 3.4 mi | $1,178 (±$63) | Lower |
| Hartford | 5.6 mi | $1,172 (±$143) | Lower |
| Covert Township | 5.6 mi | $1,061 (±$128) | Lower |
| Arlington Township | 6.3 mi | $1,216 (±$134) | Not measurably different |
| Geneva Township (Van Buren County) | 6.8 mi | $1,221 (±$133) | Not measurably different |
| Breedsville | 6.8 mi | $1,103 (±$70) | Lower |
| South Haven Charter Township | 7.1 mi | $1,453 (±$315) | Not measurably different |
| Watervliet Township | 7.2 mi | $1,424 (±$261) | Not measurably different |
Nearby places with a measurably lower figure: Bangor, MI ($1,178), Hartford, MI ($1,172), Covert Township, MI ($1,061).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Van Buren County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 3 | Almena Township | $1,539 (±$226) |
| 4 | Antwerp Township | $1,457 (±$90) |
| 5 (tie) | Columbia Township (Van Buren County) | $1,453 (±$215) |
| 5 (tie) | South Haven Charter Township | $1,453 (±$315) |
| 7 | Waverly Township (Van Buren County) | $1,416 (±$142) |
| 8 | Lawrence Township | $1,413 (±$134) |
| 9 | Bangor Township | $1,409 (±$145) |
| 10 | Paw Paw Township | $1,365 (±$142) |
| 11 | Hamilton Township (Van Buren County) | $1,364 (±$204) |
| 12 | Pine Grove Township | $1,343 (±$96) |
| 13 | Bloomingdale Township | $1,300 (±$168) |
| 14 | Keeler Township | $1,280 (±$261) |
| 15 | Decatur Township | $1,239 (±$149) |
Showing 13 of 22 places in Van Buren County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Bangor Township
What is the average mortgage payment in Bangor Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Bangor Township, MI is $1,409 (±$145) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Bangor Township?
Owners without a mortgage in Bangor Township pay a median of $615 (±$84) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Bangor Township gone up?
In Bangor Township, the median monthly cost with a mortgage went from $1,281 in 2015–2019 to $1,409 in 2020–2024 (+10.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bangor township, Van Buren County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Bangor township, Van Buren County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Bangor township, Van Buren County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Bangor township, Van Buren County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bangor township, Van Buren County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Bangor township, Van Buren County, Michigan (county subdivision:05160, in state:26 county:159).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Bangor Township at a glance
- Renters and owners in Bangor Township
- Income and affordability in Bangor Township
- Home values in Bangor Township
- Property taxes in Bangor Township
- Types of homes in Bangor Township
- Bedrooms in Bangor Township
- Age of homes in Bangor Township
- Heating fuel in Bangor Township
- Commute and cars in Bangor Township
- Population growth in Bangor Township
- How long people stay in Bangor Township
- Michigan landlord and tenant rules
- Housing across Van Buren County
- Housing data for every place in Michigan